Question:

Could you elaborate on the capabilities and functionalities that UBS Payroll software offers to its users?

Answer:

UBS Payroll software provides a robust system for managing payroll tasks. It automates calculations for EPF, SOCSO, EIS, and PCB, and allows for submissions directly to banks. This reduces the manual workload and minimizes the potential for errors.

Employee Data Security

The software ensures that all employee data, including personal information, salary details, and statutory contributions, are stored securely. It prioritizes data integrity and confidentiality, which is crucial for any business handling sensitive information.

Flexible Pay Schedules

UBS Payroll supports various pay schedules, accommodating different payroll cycles. Whether your company prefers monthly, bi-weekly, or weekly payouts, the software can be configured to meet these needs.

Customizable Payslips

The software offers up to 17 types of customizable payslip templates. This allows businesses to tailor the payslip design to their specific requirements, ensuring clarity and consistency for employees.

Integration with Accounting Software

UBS Payroll can seamlessly integrate with UBS Accounting software, providing a unified solution for financial management within the organization.

Mobile Accessibility

With mobile license features, UBS Payroll grants payroll teams the flexibility to access the system from the office or remotely, enhancing productivity and accommodating modern work arrangements.

HRMS Capabilities

The software extends beyond payroll processing with comprehensive HRMS features. Employees can apply for leave, submit claims, and even undergo performance appraisals through the system.

User-Friendly Interface

UBS Payroll is built with an intuitive user interface, making payroll processing quick and straightforward. It consolidates the entire payroll process into a single screen, from data preparation to report generation.

Legislative Compliance

Staying up-to-date with legislative changes is vital for payroll processing. UBS Payroll is regularly updated to ensure compliance with local laws and regulations, giving businesses peace of mind.

Analytical Insights

The software harnesses the power of analytics to provide insights into workforce and payroll data. This can help businesses make informed decisions regarding their human resources management.

In summary, UBS Payroll software is a feature-rich, secure, and user-friendly tool that can significantly improve the efficiency of payroll operations while ensuring compliance and providing valuable business insights.